Apple (AAPL) reports record Q3 2021 earnings: $81.4 billion revenue, up 36% YOY
Apple (AAPL) has officially
said its income for monetary Q3 2021, protecting the months of April, also can, and June.
For the place, Apple stated $ 80-one.40-3 billion in sales, up 36 percent 12 months over 12 months,
and earnings of $21.Seventy-four billion. It stated income-consistent with-percentage of $1.30.
This compares to the sales of $ fifty-9. 7 billion and earnings of $11.25 billion the employer posted for the same region closing 12 months.
Apple did now not guide Q3 2021 due to uncertainties attributable to the COVID-19
pandemic, but, analysts even though had their expectancies.
As we precise earlier this week, even the maximum pessimistic of them predicted a huge sales growth.
The low estimate turns into $ sixty-5. 68B, at the same time as the excessive, give up turns into $77.15B.
Apple CEO Tim prepare dinner had the after point out about Apple’s Q3 2021 common performance:
“This region, our teams built on the duration of unrivaled innovation by way of the use of manner of sharing
powerful new products with our customers, at a time on the same time as the use of era to attach human
beings everywhere have by using been extra critical,
” stated Tim put together dinner, Apple’s CEO. “We’re persevering with to press ahead in our paintings to infuse everything we make with the values that outline us — with the aid of inspiring a brand new generation of developers to learn how to code, transferring closer to our 2030 surroundings purpose, and attractive in the urgent artwork of constructing an extra equitable destiny.”
And CFO Luca Maestri added:
“Our record June region running traditional performance protected new income facts in each considered one in every one of our geographic segments, a double-digit growth in each of our product instructions, and today’s all-time immoderate for our installation base of energetic gadgets,” said Luca Maestri, Apple’s CFO. “We generated $21 billion of working coins go along with the flow, once more almost $29 billion to our shareholders at a few stages inside the sector, and persisted to make extensive investments in some unspecified time in the future of our business agency to resource our prolonged-term increase plans.”
AAPL earnings by using the product
Apple now does not document unit profits for any of its merchandise but as a substitute reviews a breakdown of sales with the aid of the use of product magnificence. Here is that breakdown for the fiscal Q3 2021.
$39.57 billion: iPhone (Up 49.7% YOY)
$8.24 billion: Mac (Up sixteen.38% YOY)
$7.37 billion: iPad (Up 12% YOY)
$8.Seventy eight billion: Wearables, home, and add-ons (Up 36.12% YOY)
$17.40 nine billion: offerings (32.Ninety% YOY)
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Apple (AAPL) reports record Q3 2021 earnings: $81.4 billion revenue, up 36% YOY
